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BUSINESS
Aug 14, 2002

Protection of deposits should be minimal: BOJ

Bank of Japan Gov. Masaru Hayami said again Tuesday that the protection of bank deposits should be kept to a minimum to uphold moral standards within the banking industry.
COMMENTARY
Aug 13, 2002

Protecting Japan's interests

Foreign Minister Yoriko Kawaguchi's advisory panel on ministry reform came up with its final report in late July. On the basis of the panel's recommendations, the ministry this month will formulate an action plan on ways of implementing reform. A spate of scandals involving the ministry have prompted...
BUSINESS
Aug 13, 2002

Chogin credit unions launched

OSAKA -- Business began Monday at three credit unions created to take over the banking operations of the failed Chogin Kinki Credit Union, which mainly served pro-Pyongyang Koreans in Japan, after officials at the lender were arrested for allegedly sending public money it received to North Korea.
JAPAN
Aug 11, 2002

Nippon Food beef probe expands

OSAKA -- Farm ministry investigators expanded their probe Saturday into the suspected defrauding of the state-run beef buyback program by Nippon Food Inc., a wholly owned subsidiary of Japan's largest ham and sausage maker, Nippon Meat Packers Inc.
MORE SPORTS
Aug 11, 2002

Sunday Silence in battle for his life

Japan's leading sire, Sunday Silence, is suffering from laminitis, a debilitating disease of the hoof, and may be euthanized within the week.
JAPAN
Aug 10, 2002

Nakano to vie for leadership of DPJ

Kansei Nakano, a top-ranking member of the Democratic Party of Japan, officially announced Friday that he will run for head of the main opposition party next month, the eighth person to join the race.
BUSINESS
Aug 10, 2002

BOJ to keep monetary policy as is

Amid a worldwide slump in share prices, the Bank of Japan announced Friday it will keep its monetary policy unchanged, maintaining its wait-and-see attitude as it continues to pump excess funds into money markets.
Japan Times
COMMUNITY
Aug 10, 2002

For country, for Coca-Cola, for cool companies

Jud Taylor is not only George Taylor, but George P. Taylor IX. His father was a psychologist, his grandfather a doctor and (according to family lore) the generations stretch back to a blacksmith who signed the American Declaration of Independence, for Pennsylvania, in 1776.
BUSINESS
Aug 9, 2002

Market chaos poses danger to economy, Cabinet warns

The government on Thursday warned that downside risks are increasing for the Japanese economy due to volatility in global financial markets, but that the uptrend in Japan remains intact.
Japan Times
LIFE / Lifestyle / JET STREAM
Aug 9, 2002

Tuning in to another culture

Seoul native Kim Ji Sook, host of Fukuoka's Love FM Thursday night Inter Wave radio program, brings the sounds and the spirit of Korea to fans throughout northern Kyushu.
COMMENTARY
Aug 8, 2002

Kim's last chance to shine?

MANILA -- Politically, South Korean President Kim Dae Jung's time is running out, and the alleged corruptive practices of his sons have accelerated the erosion of his authority tremendously. The recent thaw in inter-Korean relations may well be Kim's last chance to improve his tarnished image.
Japan Times
JAPAN
Aug 8, 2002

Cities waging a new kind of bidding war

With Japan's public works projects having long been tainted by bid-rigging and bribery, the city of Yokosuka in Kanagawa Prefecture is taking an aggressive approach toward curbing such corruption.
BUSINESS
Aug 8, 2002

Yamato Kogyo to acquire Korean steelmaker Hanbo

Yamato Kogyo Co., the nation's major electric furnace steelmaker, said Wednesday it has agreed to buy South Korean electric furnace steelmaker Hanbo Corp. in late October.
JAPAN
Aug 8, 2002

USJ submits reform plan to city

OSAKA -- Universal Studios Japan announced Wednesday that it has fired or suspended six employees in the wake of a series of revelations about health and safety problems at the theme park.
BUSINESS
Aug 8, 2002

Little support for full deposit guarantee, survey shows

Respondents to a recent Kyodo News survey voiced mixed views over the government's plan to cap its refund guarantee on all deposits at 10 million yen on April 1.
Japan Times
JAPAN
Aug 8, 2002

Government to file charges against Nippon Ham subsidiary

The government will file a criminal complaint against a unit of Nippon Meat Packers Inc. if it finds that the firm abused a beef-buyback program by disguising imported meat as domestic, Chief Cabinet Secretary Yasuo Fukuda said Wednesday.
BUSINESS
Aug 8, 2002

Shiokawa pushes tax-cut plan

Finance Minister Masajuro Shiokawa said Wednesday he wants to introduce tax cuts over three years and offset expected revenue shortfalls with tax hikes over five years.
JAPAN
Aug 7, 2002

Suzuki bribe info faxed to property firm

The Tokyo District Public Prosecutor's Office mistakenly faxed a witness account about indicted lawmaker Muneo Suzuki's bribery case to a Tokyo real estate firm in June, a top official of the office said Tuesday.
JAPAN
Aug 6, 2002

Glitches, protest greet launch of resident registry network

The government on Monday launched a national resident registry network that encodes people's personal information and gives everyone an 11-digit number. But glitches emerged, some municipalities refused to go online and critics cried "Big Brother."
JAPAN
Aug 6, 2002

Koizumi rating up amid dearth of alternatives

The popular approval rating for the Cabinet of Prime Minister Junichiro Koizumi has inched up to 45.2 percent, according to the results of a Kyodo News opinion poll released Monday.
MORE SPORTS
Aug 4, 2002

Kawaguchi, Amaya to stay on with NFL teams

OSAKA -- Two Japanese football players participating in the American Bowl have taken a big step toward making their dreams come true.
EDITORIALS
Aug 3, 2002

Positive moves from Pyongyang

The good news about North Korea is that it is ready to resume diplomatic contacts with Japan and the United States. At the ASEAN Regional Forum in Brunei this week, Pyongyang's foreign minister, Mr. Paek Nam Sun, expressed a willingness to mend fences with Tokyo and Washington in talks with Foreign Minister...
JAPAN
Aug 3, 2002

Lack of rival leaves Koizumi boss by default

Prime Minister Junichiro Koizumi's sky-high popularity is a thing of the past. Over the last six months, his public approval ratings have declined sharply, as has his image as a charismatic reformer.
Japan Times
JAPAN
Aug 3, 2002

Bank notes to get high-tech makeover

The government will start replacing 10,000 yen, 5,000 yen and 1,000 yen bills with new notes that include sophisticated features to beat counterfeiters as early as April 2004, Finance Minister Masajuro Shiokawa announced Friday.
BUSINESS
Aug 3, 2002

Nonperforming loans rose sharply in fiscal 2001

The Financial Services Agency said Friday the value of outstanding nonperforming loans at commercial banks rose sharply to 43.21 trillion yen as of March 31.
BUSINESS
Aug 3, 2002

Minister boos retroactive pension cuts

Welfare minister Chikara Sakaguchi said Friday he opposes cutting national pension payments equivalent to price falls over the past three years if the government lifts its freeze on linking price fluctuations to pension benefits.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight